Mount Yale Investment Advisors LLC Purchases 1,303 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Mount Yale Investment Advisors LLC raised its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 6.4% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 21,729 shares of the business services provider’s stock after purchasing an additional 1,303 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in Booz Allen Hamilton were worth $3,537,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Opal Wealth Advisors LLC purchased a new position in Booz Allen Hamilton in the 2nd quarter worth approximately $26,000. OFI Invest Asset Management bought a new stake in Booz Allen Hamilton in the 2nd quarter worth about $29,000. MCF Advisors LLC raised its position in Booz Allen Hamilton by 103.6% in the 1st quarter. MCF Advisors LLC now owns 226 shares of the business services provider’s stock worth $34,000 after buying an additional 115 shares during the last quarter. Innealta Capital LLC bought a new position in Booz Allen Hamilton during the 2nd quarter valued at about $34,000. Finally, Crewe Advisors LLC purchased a new stake in shares of Booz Allen Hamilton during the 1st quarter valued at about $35,000. 91.82% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Melody C. Barnes sold 1,041 shares of the business’s stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $143.31, for a total value of $149,185.71. Following the sale, the director now directly owns 18,123 shares in the company, valued at approximately $2,597,207.13. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, Director Melody C. Barnes sold 1,041 shares of the company’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $143.31, for a total transaction of $149,185.71. Following the sale, the director now owns 18,123 shares of the company’s stock, valued at $2,597,207.13. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Matthew Calderone sold 3,865 shares of Booz Allen Hamilton stock in a transaction on Monday, September 23rd. The stock was sold at an average price of $160.00, for a total transaction of $618,400.00. Following the completion of the transaction, the chief financial officer now directly owns 33,683 shares of the company’s stock, valued at $5,389,280. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.59% of the stock is owned by company insiders.

Booz Allen Hamilton Stock Performance

BAH opened at $166.55 on Friday. The firm has a market cap of $21.54 billion, a P/E ratio of 36.21, a PEG ratio of 2.33 and a beta of 0.59. Booz Allen Hamilton Holding Co. has a 1-year low of $114.69 and a 1-year high of $167.09. The company has a 50 day simple moving average of $158.13 and a two-hundred day simple moving average of $153.17. The company has a debt-to-equity ratio of 3.07, a current ratio of 1.55 and a quick ratio of 1.55.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings results on Friday, July 26th. The business services provider reported $1.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.52 by ($0.14). The business had revenue of $2.94 billion during the quarter, compared to analysts’ expectations of $2.92 billion. Booz Allen Hamilton had a return on equity of 65.80% and a net margin of 5.57%. Equities analysts forecast that Booz Allen Hamilton Holding Co. will post 5.97 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Wells Fargo & Company boosted their price objective on shares of Booz Allen Hamilton from $165.00 to $185.00 and gave the company an “overweight” rating in a report on Tuesday, October 1st. StockNews.com cut Booz Allen Hamilton from a “hold” rating to a “sell” rating in a report on Tuesday. TD Cowen cut their price objective on Booz Allen Hamilton from $185.00 to $165.00 and set a “buy” rating for the company in a report on Monday, July 29th. Barclays lowered their target price on Booz Allen Hamilton from $153.00 to $142.00 and set an “underweight” rating on the stock in a report on Tuesday, July 30th. Finally, Truist Financial upped their price target on shares of Booz Allen Hamilton from $140.00 to $165.00 and gave the company a “hold” rating in a research report on Thursday, September 5th. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $170.75.

Booz Allen Hamilton Profile

Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.